Gannet Cuts More Jobs
September 12th, 2008
Gannet Co., the nation’s largest newspaper publisher, is cutting 100 more jobs this week. The announcement comes after last month’s elimination of 1,000 positions. This time around, the cuts were all in management jobs in Gannet’s newspapers nation-wide. No cuts were made at the company’s flagship paper, USA Today. As with the rest of the newspaper industry, revenue for the company has declined faster than expected in the face of the weakening economy. Gannet hopes the cuts will improve communication, streamline processes, accelerate program deployment and, improve marketing efforts. Asbury Park Press (Sept. 10, 2008)
Tags: economy, Gannet Co., job cuts, USA Today